Diokno: Mindanao positioned to power PH economic progress

Finance Secretary Benjamin Diokno highlighted Mindanao’s unique position to boost the country’s economic progress during the Philippine Economic Briefing (PEB) in Davao with the theme, Agenda for Prosperity: Economic Transformation toward Inclusivity and Sustainability, on August 9, 2023 at the DusitD2 Hotel, Davao City.

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DOF: Only 12.1% of proposed 2024 budget is allocated for debt burden

The Department of Finance (DOF) clarified that only 12.1 percent, equivalent to PHP 699.2 billion, of the proposed PHP 5.768-trillion budget for Fiscal Year (FY) 2024, is allocated to financing…

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R&I affirms the Philippines’ BBB+ rating, revises outlook to positive

Japan-based debt watcher, Rating and Investment Information, Inc. (R&I), affirmed the Philippines’ investor-grade credit rating at ‘BBB+’ and revised its outlook to positive from stable, due to the country’s robust…

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Inflation slides to 4.7% in July, slows for sixth consecutive month

The country’s headline inflation rate slid to 4.7 percent in July 2023, marking the sixth consecutive month of deceleration. This is within the month-ahead forecast range of the Bangko Sentral…

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Diokno to BIR: Strong revenue collections, fair and efficient tax administration vital to achieving fiscal targets

Finance Secretary Benjamin E. Diokno emphasized the importance of maintaining good revenue performance in achieving the Ferdinand Marcos Jr. administration’s goals set in the Medium-Term Fiscal Framework (MTFF) during the Bureau of Internal Revenue (BIR)’s 119th Anniversary on August 1, 2023 at the Philippine International Convention Center (PICC) in Pasay.

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Diokno details policy tools for sustained growth at Post-SONA briefing

Finance Secretary Benjamin E. Diokno engaged in in-depth discussions on policy reforms in the pipeline which are necessary to sustain the Philippines’ growth momentum during the Post-State of the Nation Address Philippine Economic Briefing (Post-SONA PEB) on July 25, 2023 at the Philippine International Convention Center (PICC) in Pasay.

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